Business
Tenable Announces Fourth Quarter and Full Year 2022 Financial Results
Added 571 new enterprise platform customers and 140 net new six-figure enterprise platform customers in the fourth quarter.Fourth quarter revenue of $184.6
About this update from Tenable Holdings, Inc.
[{"type":"text","content":"Added 571 new enterprise platform customers and 140 net new six-figure enterprise platform customers in the fourth quarter.Fourth quarter revenue of $184.6 million, up 24% year-over-year; Full year revenue of $683.2 million, up 26% year-over-year.Fourth quarter calculated current billings of $238.9 million, up 23% year-over year; Full year calculated current billings of $776.9 million, up 26% year-over-year.Full year net cash provided by operating activities of $131.2 million; Unlevered free cash flow of $128.1 million. COLUMBIA, Md., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the Exposure Management company, today announced financial results for the quarter and year ended December 31, 2022. “We are very pleased with our Q4 results as we exceeded our expectations on the top and bottom line,” said Amit Yoran, Chairman and CEO of Tenable. “We are seeing incredible traction with Tenable One, which helps customers understand and reduce risk across the interconnected attack surface. Product innovation, coupled with continued focus on financial performance, including strong free cash flow generation, position us well in this fluid market.” Fourth Quarter 2022 Financial Highlights Revenue was $184.6 million, a 24% increase year-over-year.Calculated current billings was $238.9 million, a 23% increase year-over-year.GAAP loss from operations was $14.1 million, compared to a loss of $12.9 million in the fourth quarter of 2021.Non-GAAP income from operations was $19.9 million, compared to $11.9 million in the fourth quarter of 2021.GAAP net loss was $21.5 million, compared to a loss of $11.0 million in the fourth quarter of 2021.GAAP net loss per share was $0.19, compared to a loss per share of $0.10 in the fourth quarter of 2021.Non-GAAP net income was $14.2 million, compared to $5.9 million in the fourth quarter of 2021.Non-GAAP diluted earnings per share was $0.12, compared to $0.05 in the fourth quarter of 2021.Net cash provided by operating activities was $31.9 million, compared to $22.0 million in the fourth quarter of 2021.Unlevered free cash flow was $32.1 million, compared to $22.4 million in the fourth quarter of 2021. Full Year 2022 Financial Highlights Revenue was $683.2 million, a 26% increase year-over-year.Calculated current billings was $776.9 million, a 26% increase year-over-year....